Which of the Following Examples Constitutes a New Deposit to the Canadian

question 2

Multiple Choice

Which of the following examples constitutes a new deposit to the Canadian commercial banking system?

• A)an individual transfers money from ShipShape Credit Union to Scotiabank
• B)an individual immigrates to Canada and deposits money from abroad
• C)an individual puts cash in a safety-deposit box
• D)the Bank of Canada sells government securities to an individual or a firm
• E)the Bank of Canada buys foreign currency from abroad

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Definitions:

Deficit Needs

Described by Maslow, these are basic needs that must be met before an individual can focus on higher-level psychological needs.

Clinical Patients

Individuals who are receiving or have received treatment and care for psychological or physical health conditions.

Behaviorism

A school of psychology that focuses on observable behaviors as the subject matter and disregards internal processes like thinking.

Belongingness Needs

A fundamental human need to form and maintain strong, stable interpersonal relationships.